Boone Pickens-backed company hopes natural gas-powered autos fuel its first profit

www.latimes.com Published: January 27, 2014
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Clean Energy Fuels Corp., the California company that builds and operates natural gas filling stations for some of the nation's biggest bus and truck fleets, is banking on corporate customers to buy more clean-energy vehicles this year, the Los Angeles Times reports.


Executives hope that a growing fleet will boost sales of natural gas and propel Clean Energy to its first annual profit since its 1997 founding by Texas billionaire T. Boone Pickens, the onetime oil baron and corporate raider, and the company's chief executive, Andrew Littlefair.
Clean Energy has become one of the biggest players in the industry with customers such as Frito-Lay North America Inc., Proctor & Gamble Co., United Parcel Service Inc., Ryder System Inc. and home improvement chain Lowe's Cos.

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